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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts

The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »

2020-4-2 13:10

Dow Recoils After Trump Trade Guru Dangles 100% Tariff Threat

The Dow's dramatic reversal sputtered on Thursday, as the post-Fed rally ran out of steam amid a burgeoning crisis in the Middle East and warnings that China tariffs could go as high as 100%. Supporting the Dow, bulls appear to be ignoring the fact that the FOMC is technically in a holding pattern, preferring to […] The post Dow Recoils After Trump Trade Guru Dangles 100% Tariff Threat appeared first on CCN.com дальше »

2019-9-20 21:55

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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future

Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status. дальше »

2019-7-24 13:00

Bitcoin [BTC] and US Dollar are actually non-correlated, claims Anthony Pompliano

Since the dawn of cryptocurrency, digital assets have slowly made a name for themselves, often being spoken about as an alternative to the world’s fiat currencies. This argument holds especially true in light of the falling valuation of fiat currencies such as the Argentinian peso and the Turkish Lira, while Bitcoin itself seems to be […] The post Bitcoin [BTC] and US Dollar are actually non-correlated, claims Anthony Pompliano appeared first on AMBCrypto. дальше »

2019-5-27 16:30

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New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term

Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage. дальше »

2019-2-13 18:00

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Think Different? Bitcoin Makes Trillion-Dollar Apple Look Like A Non Starter

Apple may have become the world’s first trillion-dollar company — but in Bitcoin terms, its performance is as flat as an iPhone 8. Apple’s Valuation In ‘Debased’ Fiat Data uploaded to social media this week by BloombergTV host Joe Weisenthal suggests that, despite the technology giant making history in US dollars, the event says more about the dollar than it does Apple’s performance. дальше »

2018-8-3 16:00

Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar

Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will  ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting  “Well, if central banks hadn’t created all those dollars,. дальше »

2018-7-7 15:00